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Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

Baytex Energy Corp. is a Canada-based energy company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay / Viking) and Heavy Oil Canada (Peace River / Peavine / Lloydminster). Its Eagle Ford assets are located in the core of the liquids-rich Eagle Ford shale in South Texas. The Eagle Ford shale covers approximately 269,000 gross acres of crude oil operations. Its Viking assets are located in the Dodsland area in southwest Saskatchewan and in the Esther area of southeastern Alberta. It also holds 100% working interest land position in the East Duvernay resource play in central Alberta.


TSX:BTE - Post by User

Bullboard Posts
Post by honda777on Dec 10, 2014 10:43am
338 Views
Post# 23214543

Divisions in Opec

Divisions in OpecWhen there are divisions in Opec members, like now, this is not a short term event. That's why $190 billion of 2015 projects are being cancelled for 2015 in the energy sector. Debts will be growing and some companies will not last 6 months, and even the big ones will not last for years. Should be shorting the last 3 months. Why are people afarid to short when the times call for it. Many buying on hope, will get killed, with Putin on a mission and will not back down. The squeezing of him and Iran will be going on for years, as low oil prices will hurt them but may take 5-10 years to turn all around.
Bullboard Posts